FOR SALE

15/212 Albany Highway
Centennial Park WA 6330

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 122m2
Land area: 67m2
This property is currently on the market
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Property Details for 15/212 Albany Hwy, Centennial Park

15/212 Albany Hwy, Centennial Park is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1996. The property has a land size of 67m2 and floor size of 122m2.This Property is currently listed for sale with Merrifield Real Estate

Building Type
Unit
Year Built
1996
Floor Size
122m2
Land Size
67m2
Local Government
Albany
Lot/Plan
15/S033951

Last Listing description (October 2024)

This outstanding short-stay unit offers investors a low risk, set-and-forget opportunity within Albany's prime tourist precinct, and owners living out of town will have the added bonus of their own holiday accommodation for up to three months a year.Part of a quality, established complex strategically located 2km from the main street in Albany and within easy reach of all attractions, the brick veneer and Colorbond unit is being sold with a lease in place to a reputable short stay holiday accommodation provider that guarantees returns, irrespective of occupancy.Inside, all furnishings and appointments are modern and in excellent order, with stylish vinyl plank flooring in the living rooms, carpeted bedrooms and smart tiling, decor and window treatments.Glass doors lead into the open living space. At one end is the comfortable lounge with a leather sofa, TV, air conditioning and ceiling fan and adjacent to this is the dining area with a family setting. Flowing on from here is the good-sized kitchen equipped with a fridge, microwave and gas and electric cooking options, as well as all cookware, crockery and utensils. A hallway leads to the two double bedrooms, both with built-in robes and one with a TV, ceiling fan, built-in desk with drawers and a mirror above. Nearby is a sizeable wet room with a walk-in shower, toilet, vanity and laundry facilities.The units enjoy lots of natural light and is located conveniently close to the communal playground and barbeque area, which is a terrific spot to socialize and gather with visitors.With its own carport at the side, there's also ample visitor parking not far away at the front of the resort.An on-site restaurant and bar open for breakfast and dinner (plus offering room service) is another fantastic convenience available to occupants, located just 35 meters away from the front door of the unit.Part of a well-managed complex, this unit generates guaranteed net returns of over 5% per annum so is sure to attract a wide scope of investors recognising this rewarding opportunity with minimal owner effort.To discuss this unique investment opportunity or to arrange an inspection, do not hesitate in contacting Lee Stonell on 0409 684 653 or lee@merrifield.com.au.What you need to know:- Short-stay accommodation unit, Tourism zoning- Excellent investment proposition- Generates steady returns of at least 5% pa net (guaranteed)- Owners may use for up to three months a year- Smart, well-established complex 2km from CBD- Fully set up and equipped for guests - in excellent condition- Easy access to tourist attractions and facilities- Brick veneer and Colorbond construction- Renovated kitchen and bathroom- Air-conditioned open lounge, dining area and kitchen- Gas & electric cooking, microwave, fridge, cookware, crockery and utensils- One double bedroom with built-in robes, the other a twin bedroom with built-in robes- Main bedroom with TV, ceiling fan and built in desk/vanity- Wet room with shower, toilet, vanity and laundry facilities- Vinyl plank flooring in main area; carpets in bedrooms- Stylish tiling, decor, window treatments- Front veranda with outdoor setting- Carport and additional parking nearby- Onsite barbecue, undercover playground and restaurant - City of Albay rates $1,383.00 pa- Water Corporation Annual Service Fee $ 1,427.51 pa- Strata Levies $2,339.64 pa (includes building insurance)

Property History for 15/212 Albany Hwy, Centennial Park, WA 6330

A timeline of how this property has performed in the market
Last Sold
$162,000
06 Mar 2004
  • 10 Oct 2024
    Listed for Sale $229,000
  • 06 Mar 2004
    Sold for $162,000
  • 15 Dec 1998
    Sold for $125,000

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About Centennial Park 6330

The size of Centennial Park is approximately 2 square kilometres. It has 1 park covering nearly 28% of total area. The population of Centennial Park in 2011 was 568 people. By 2016 the population was 620 showing a population growth of 9.2% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centennial Park work in a trades occupation. In 2011, 51% of the homes in Centennial Park were owner-occupied compared with 53.8% in 2016.

Centennial Park has 838 properties. Over the last 5 years, Houses in Centennial Park have seen a 62.59% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2024:

  • The median value for Houses in Centennial Park is $527,031 while the median value for Units is $258,742.
  • Houses have a median rent of $380 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Centennial park on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Centennial park.

Suburb Insights for Centennial Park 6330

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.